This September 2017 Colleton River real estate market report shows how the Hilton Head Island - Bluffton real estate market is doing, compares home sales from previous months, discusses supply and demand and shows the status of the homes in Colleton River.
In Colleton River, 21 homes closed in the first eight months of 2017, 19 closed same time last year. January through August’s total dollar volume was $18.869M, slightly up compared to $17.525M in 2016. Supply and demand: as of September 13, 2017, there are 25 Colleton River homes listed for sale with an average of 3.17 homes selling per month over the last six months. That translates into a 7.89-month supply, considered by industry experts to be a buyer’s market. There are three homes under contract in Colleton River. In the lot realm, 14 lots closed in the first eight months of 2017, compared to 12 in the previous year. There are currently five lots under contract.